BI Kambali Holds Interest Rate at 4.75 Percent Level in January 2026

Governor of Bank Indonesia (BI) Perry Warjiyo. (Photo: ANTARA)

Bank Indonesia (BI) decided to maintain the benchmark interest rate or BI-Rate at 4.75 percent.

In addition, BI also maintained the deposit facility interest rate and the lending facility interest rate at 3.75 percent and 5.50 percent, respectively.

BI Governor Perry Warjiyo said BI decided to maintain the BI-Rate or reference interest rate at 4.75 percent.

"The Bank Indonesia Board of Governors (RDG) meeting on January 20-21, 2026 decided to maintain the BI-Rate at 4.75 percent," Perry said in a press conference, Wednesday, January 21.

According to Perry, this decision is consistent with the current policy focus, namely on efforts to stabilize the rupiah exchange rate from the impact of increasing global uncertainty.

He added that in order to support the achievement of the inflation target in 2026-2027 and to encourage economic growth.

Looking ahead, Perry said BI will continue to strengthen the effectiveness of the transmission of monetary and macroprudential policy easing that has been carried out so far.

He added that his party would continue to monitor the space for further BI-Rate interest rate cuts, with inflation estimates for 2026 and 2027 remaining under control within the target of 2.5 percent plus minus 1 percent, and continue to encourage higher economic growth.